AM Best has affirmed the A (excellent) financial strength rating of Sirius International Insurance Company.
The rating has been removed from under review, where it was placed following its proposed acquisition by White Mountains Insurance Group.
The rating outlook is stable, said AM Best.
The affirmation was based on the superior level of consolidated risk-adjusted capitalisation and Sirius’ leading market profile in Scandinavia, said the ratings agency.
An offsetting factor in the rating was the potential for additional loss from Scandinavia Re, a finite reinsurer run-off, which continues to negatively affect Sirius’s operating performance, AM Best said.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
